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Schwabe says it analyzed proposed changes to BIA facility leasing guidance
Schwabe said it published an analysis of proposed updates to the Bureau of Indian Affairs’ Section 105(l) facility lease process. The firm said two virtual tribal consultation sessions on the proposed updates were held in early September and that written comments are being accepted through October 12, 2026.
Key points
- Schwabe said proposed guidance limits depreciation to acquisition costs not financed with federal funds.Schwabe
- The firm said optional preapproval for new construction would examine conceptual designs and costs.Schwabe
- Schwabe said reserve fund proposals include a 4% annual inflation factor in replacement-cost calculations.Schwabe
- The firm said initial lease backdating would depend on receipt and approval of a complete application.Schwabe